In a blog post, the social media site for professionals said it is making changes to its organizational structure and streamlining its decision making. Microsoft bought LinkedIn in 2016. Recently, LinkedIn announced an AI-assisted candidate discovery for recruiters using the site. And in Microsoft’s most recent earnings report, LinkedIn reported its AI-powered collaborative articles are the fastest-growing traffic driver on the site. LinkedIn already cut 716 positions in May and shut down its jobs app in mainland China.

Source: CNN October 17, 2023 15:10 UTC